Weekly Scoreboard*

S&P 500 4,370.4 +6.1%

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

• DJIA 34,096.8 +5.2%

• NASDAQ 13,490.1 +6.8%

• Russell 2000 1,768.4 +8.1%

• NYSE FANG+ 7,655.5 +6.9% 
• Roundhill Meme Stock ETF 31.21 +8.5%
  

• Goldman 50 Most Shorted 133.0 +13.1%

• Wilshire 5000 43,403.3 +6.4%

• Russell 1000 Growth 2,760.30 +6.3%

• Russell 1000 Value 1,500.3 +5.9%

• S&P 500 Consumer Staples 728.7 +3.5%

• MSCI Cyclicals-Defensives Spread 1,253.54 +2.2%
  

• NYSE Technology 3,730.9 +8.0%

• Transports 14,524.2 +7.3%

• Utilities 864.07 +6.6%

• Bloomberg European Bank/Financial Services 83.64 +3.0%
  

• MSCI Emerging Markets 38.43 +4.9%

• Credit Suisse AllHedge Long/Short Equity Index 186.46 -1.22%

• Credit Suisse AllHedge Equity Market Neutral Index 104.81 +.31%

Sentiment/Internals

• NYSE Cumulative A/D Line 450,504 +1.3%
• Nasdaq/NYSE Volume Ratio 7.1 +.4

• Bloomberg New Highs-Lows Index -181 +1,015
  

• Crude Oil Commercial Bullish % Net Position -38.2 -2.4%

• CFTC Oil Net Speculative Position 300,765 -1.8%

• CFTC Oil Total Open Interest 1,628,044 -1.6%

• Total Put/Call .89 -26.8%

• OEX Put/Call .97 +12.6%

• ISE Sentiment 109.0 +31.0 points
  

• NYSE Arms 1.10 -25.4%
  
• Bloomberg Global Risk-On/Risk-Off Index 64.9 +4.7%
• Bloomberg US Financial Conditions Index -.05 +25.0 basis points
  
• Bloomberg European Financial Conditions Index .66 +77.0 basis points
  

• Volatility(VIX) 15.2 -27.3%
• DJIA Intraday % Swing .64% -66.0%

• CBOE S&P 500 3M Implied Correlation Index 25.6 -25.2%

• G7 Currency Volatility (VXY) 7.59 -3.2%
  

• Emerging Markets Currency Volatility (EM-VXY) 7.8 -5.6%

• Smart Money Flow Index 11,696.53 +.46%
• NAAIM Exposure Index  29.2 +4.4
  

• ICI Money Mkt Mutual Fund Assets $5.695 Trillion +1.1%

• ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$3.725 Million

• AAII % Bulls 24.3 -17.1%

• AAII % Bears 50.3 +16.4%

Futures Spot Prices

• CRB Index 282.25 -1.0%

• Crude Oil 81.01/bbl. -5.2%

• Reformulated Gasoline 220.49 -4.1%

• Natural Gas 3.49 +11.2%
• Dutch TTF Nat Gas(European benchmark) 48.1 euros/megawatt-hour -5.8%
  

• Heating Oil 292.4 -3.8% 
• Newcastle Coal 134.9 (1,000/metric ton) -8.1%
  

• Gold 1,994.86 -.60%
• Silver 23.22 +.41%
  

• S&P GSCI Industrial Metals Index 404.86 -.01%

• Copper 368.1 +1.0%

• US No. 1 Heavy Melt Scrap Steel 372.0 USD/Metric Tonne +3.3%

• China Iron Ore Spot 123.0 USD/Metric Tonne +3.4%

• CME Lumber  525.0 +6.7%

• UBS-Bloomberg Agriculture 1,603.11 +.80%
• US Gulf NOLA Potash Spot 345.0 USD/Short Ton -.72%
  

Economy

• Atlanta Fed GDPNow 3Q Forecast +1.24% -1.02 percentage points
  

• ECRI Weekly Leading Economic Index Growth Rate (graph)
  
• US Recession Within 3 Months Probability(3M/18M Forward Yld Curve Spread) 25.8% +1.6 percentage points
  

• NY Fed Real-Time Weekly Economic Index 2.23 +12.6%

• US Economic Policy Uncertainty Index 54.3 -7.8%
• S&P 500 Current Quarter EPS Growth Rate YoY(404 of 500 reporting) +2.2% -3.6 percentage points

• S&P 500 Blended Forward 12 Months Mean EPS Estimate 240.56 +.41:  Growth Rate +8.9% -.3 percentage point, P/E 18.0 +.8
  
• S&P 500 Current Year Estimated Profit Margin 12.20% +9.0 basis points
  
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +38.4% -13.5 percentage points
  
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 273.42 +3.55: Growth Rate +61.3% +2.1 percentage points, P/E 27.5 +1.3
  

• Citi US Economic Surprise Index 51.2 -12.5 points

• Citi Eurozone Economic Surprise Index -47.9 -3.8 points

• Citi Emerging Markets Economic Surprise Index 24.3 -2.1 points

• Fed Fund Futures imply .5%(-1.1 percentage points) chance of -25.0 basis point cut to 5.0-5.25%, 99.5%(+20.4 percentage points) chance of no change, 0.0%(-19.2 percentage points) chance of +25.0 basis point hike to 5.5-5.75% on 12/13
  

• US Dollar Index 105.03 -1.5%

• MSCI Emerging Markets Currency Index 1,677.32 +.41%
  

• Bitcoin/USD 34,563.2 -.12%

• Euro/Yen Carry Return Index 171.18 +1.5%
  

• Yield Curve(2s/10s) -27.75 -11.0 basis points
  

• 10-Year US Treasury Yield 4.56% -29.0 basis points
  

• Federal Reserve's Balance Sheet $7.831 Trillion -.53% 
• Federal Reserve's Discount Window Usage $3.128 Billion +8.2%
  

• U.S. Sovereign Debt Credit Default Swap 52.9 +1.9%
  

• Illinois Municipal Debt Credit Default Swap 198.34 -9.7%
  

• Italian/German 10Y Yld Spread 187.0 -10.0 basis points
  
• UK Sovereign Debt Credit Default Swap 32.61 +.79%
  

• China Sovereign Debt Credit Default Swap 74.32 -11.3%
  

• Brazil Sovereign Debt Credit Default Swap 162.44 -13.9%
  

• Israel Sovereign Debt Credit Default Swap 142.57 -1.2%

• South Korea Sovereign Debt Credit Default Swap 38.72 -9.5%

• China Corp. High-Yield Bond USD ETF(KHYB) 24.71 -.2%
• China High-Yield Real Estate Total Return Index 68.36 -.96%
  

• Atlanta Fed Low Skill Wage Growth Tracker YoY +6.0% unch.
  
• Zillow US All Homes Rent Index YoY +3.2% unch.
  
• US Urban Consumers Food CPI YoY +3.7% unch.
  
• CPI Core Services Ex-Shelter YoY +3.7% unch.
  
• Cleveland Fed Inflation Nowcast Core PCE YoY +3.63% unch.: CPI YoY +3.28% -4.0 basis points
  
• 10-Year TIPS Spread 2.38% -5.0 basis points
  

• TED Spread 24.5 +4.5 basis points
  
• 2-Year SOFR Swap Spread -13.25 +1.75 basis points
  

• 3-Month EUR/USD Cross-Currency Basis Swap -20.0 +5.5 basis points
  

• N. America Investment Grade Credit Default Swap Index 70.19 -13.0%
  

• America Energy Sector High-Yield Credit Default Swap Index 171.0 -11.7% 
• Bloomberg TRACE # Distressed Bonds Traded 391.0 +45.0
  

• European Financial Sector Credit Default Swap Index 92.07 -9.1%
• Deutsche Bank Subordinated 5Y Credit Default Swap 260.74 -11.5%

• Emerging Markets Credit Default Swap Index 206.32 -13.4%
  

• MBS 5/10 Treasury Spread 170.0 -17.0 basis points
  
• Bloomberg CMBS Investment Grade Bbb Average OAS 923.0 -3.0 basis points
• Avg. Auto ABS OAS .97 +4.0 basis points
  

• M2 Money Supply YoY % Change -3.6% unch.
  

• Commercial Paper Outstanding 1,218.3 +.7%

• 4-Week Moving Average of Jobless Claims 2100,000 +.96%
  

• Continuing Claims Unemployment Rate 1.2% unch.
  
• Kastle Back-to-Work Barometer(entries in secured buildings) 50.3 -.64%
  

• Average 30-Year Fixed Home Mortgage Rate 7.94% -10.0 basis points
  

• Weekly Mortgage Applications 161,800 -2.06%

• Weekly Retail Sales +4.7% +20.0 basis points
  
• OpenTable US Seated Diners % Change YoY -4.0% unch.
  
• Box Office Weekly Gross $131.5M -.46%
  

• Nationwide Gas $3.44/gallon -.08/gallon

• Baltic Dry Index 1,385.0 -11.4%

• China (Export) Containerized Freight Index 827.84 +2.0%

• Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 37.50 +25.0%
• Truckstop.com Market Demand Index 35.5 -8.4%

• Rail Freight Carloads 271,814 +.27%
• TSA Total Traveler Throughput 2,396,776 +18.9%
  

Best Performing Style

• Small-Cap Value +8.6%
  

Worst Performing Style

• Large-Cap Value +5.9%

Leading Sectors

• Homebuilding +15.6%

• Regional Banks +12.8%
• Gambling +12.0%
  

• Banks +11.7%
  

• AI/Robotics +9.7%
  

Lagging Sectors

• Electric Vehicles +2.3%
  

• Gold & Silver +2.0%
  

• Energy +1.7%

• Networking +1.3%
  

• Shipping +.3%
  

Weekly High-Volume Stock Gainers (44)

• UDMY, BAND, EXPE, DOCN, IAS, KYMR, TRUP, DKNG, IT, EVH, PARA, FIVN, FIVN, NET, LOPE, ACLX, QLYS, SQ, FLNC, AMRC, IEP, LMND, CVNA, TXG, TGTX, NTLA, CSTL, BOOT, ROKU, CUBI, MIRM, ENV, ALPN, B, BURL, IQV, OLED, LYV, DCPH, HGV, ALGN, ALKT and DRS
  

Weekly High-Volume Stock Losers (15)

• HQY, BAP, APPN, HLF, NARI, OHI, CHD, AMN, PYCR, PRDO, SG, FTNT, PCTY, AGL and BILL
  

ETFs

• High-Volume Gainers

• High-Volume Losers

Stocks

• High-Volume Gainers

• High-Volume Losers

*5-Day Change